Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Investment Advisers

SEC Imposes $6 Million in Penalties for Straw Purchaser Arrangement

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Broker-Dealer, Consumer Protection, Investment Advisers On March 26, 2015, the SEC settled charges against 22 parties relating to arrangements by which companies not registered as broker-dealers purchased securities on behalf of Global Fixed Income, LLC (GFI) and received transaction-based compensation. The settlement generally requires each of the participants to pay disgorgements of profits and civil monetary penalties. According to the […] Read more →

by   |   March 31, 2015

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What is a Security? Even the SEC Can’t Always Tell

Broker-Dealer, Consumer Protection, Investment Advisers On February 27, 2015, an Administrative Law Judge (ALJ) determined that, contrary to claims by the SEC, interests in an LLC that invested in conservation easements as a tax... Read more →

by   |   March 5, 2015

SEC Identifies Enforcement Priorities for Hedge Funds and Private Equity Funds

Investment Advisers, Private Equity Julie M. Riewe, Co-Chief, Asset Management Unit, SEC Division of Enforcement identified enforcement priorities for hedge funds and private equity funds. For private funds —... Read more →

by   |   February 27, 2015

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SEC Denies No-Action Request for “Publisher Exclusion” for Recommendations of Crowdfunded Investments

Investment Advisers The SEC denied a no-action request that was submitted by Jonathon Hendricks.  The no-action request inquired about a Wyoming based business  that would make available a  list... Read more →

by   |   February 4, 2015